The European Central Bank, eurozone nations, and the International Monetary Fund (IMF) created a bailout fund of $955 billion in May to aid regional nations which might face funding issues. Whether that fund will be large enough to handle all Europe’s financial woes is about to be tested.
Greece has already received $150 billion from the EU pool. Word is that Ireland will soon accept billions in…
Continue reading As Ireland Taps Funds, Europe’s Bailout Tab Looks Set to Soar
As Ireland Taps Funds, Europe’s Bailout Tab Looks Set to Soar originally appeared on DailyFinance on Sun, 21 Nov 2010 08:50:00.